Daily Current Affairs 1St May 2021

Daily Current Affairs 1st May 2021

We Exam Pundit Team, has made “BOOST UP PDFS” Series to provide The Best Free PDF Study Materials on All Topics of Reasoning, Quantitative Aptitude & English Section. This Boost Up PDFs brings you questions in different level, Easy, Moderate & Hard, and also in New Pattern Questions. Each PDFs contains 50 Questions along with Explanation. For More PDF Visit: pdf.exampundit.in

Current Affairs Today 1st May 2021

CURRENT AFFAIRS: IMPORTANT DAYS

International Labour Day or May Day – Observed on May 01

• Labour Day is an annual holiday to celebrate the achievements of workers.

• Labour Day has its origins in the labour union movement, specifically the eight-hour day movement,

which advocated eight hours for work, eight hours for recreation, and eight hours for rest.

• May 1 is the International Day of Workers or International Labour Day dedicated to workers and

labourers across the world.

• This day celebrates labourers and encourages them to be aware of their rights.

• The day has its origins in the labour union movement, specifically the eight-hour day movement.

• It is also celebrated in countries in Central America, South America, and in some parts of the Caribbean.

• In the United States, Australia, and Canada, Labor Day or Labour Day is celebrated at different times

of the year.

• India celebrated the first Labour day in the year 1923 and the day is referred nationally as Antarrashtriya

Shramik Diwas or Kamgar Din.

• Peter J. McGuire, a carpenter and labor union leader, was the person who came up with the idea for

Labor Day.

• He thought American workers should be honored with their own day. Page 1 of 18 Join Our Telegram Group to Get Instant Notifications, Study Materials, Quizzes & PDFs: https://t.me/exampunditofficial

For Quality Study Materials & Practice Quiz Visit: www.exampundit.in | For Free PDF Materials Visit: pdf.exampundi.in

Daily Current Affairs 1st May 2021

• He proposed his idea to New York's Central Labor Union early in 1882, and they thought the holiday

was a good idea, too.

CURRENT AFFAIRS: NATIONAL NEWS

Centre let out in advance over Rs 8873 cr for SDRF to all States

• As a special dispensation, the Centre has released in advance over 8873 crore rupees for State

Disaster Response Fund (SDRF) to all the States.

• The States can use up to 50 percent of the released amount for COVID-19 containment measures, that

include meeting the cost of oxygen generation and storage plants in hospitals, ventilators, strengthening

ambulance services, COVID-19 hospitals, thermal scanners, personal protective equipment, testing

laboratories and testing kits.

• The Finance Ministry has released the amount ahead of the normal schedule of the 1st installment of

SDRF, which is generally released in the month of June.

• However, in relaxation of the normal procedure, not only the release of SDRF has been advanced, the

amount has also been released without waiting for the utilization certificate.

NFAI bring out rich treasure of audio recordings on occasion of 151st birth anniversary of Dadasaheb

Phalke

• On the occasion of the 151st birth anniversary of the father of Indian cinema, Dadasaheb Phalke, the

National Film Archive of India (NFAI) has published a rich treasure of audio recordings in the public

domain.

• About 8000 minutes of interviews of veteran film artists from the Indian film industry are now made

available on the NFAI website.

• Starting from the silent era of Indian cinema, these are the fascinating tales of journeys of actors,

technicians, producers, directors and studio owners.

Page 2 of 18 Join Our Telegram Group to Get Instant Notifications, Study Materials, Quizzes & PDFs: https://t.me/exampunditofficial

For Quality Study Materials & Practice Quiz Visit: www.exampundit.in | For Free PDF Materials Visit: pdf.exampundi.in

Daily Current Affairs 1st May 2021

• Conducted mostly in the 1980s, these interviews were recorded as part of the Oral History Project of

NFAI’s Research Programme and features long interviews of pioneering film personalities, narrating

the experiences about their life, stories and anecdotes from the world of cinema.

I&B Ministry assemble year-long centenary celebrations of Satyajit Ray

• In homage to the legendary filmmaker, the Ministry of Information & Broadcasting will organize year-

long centenary celebrations of late Satyajit Ray across India and abroad.

• Satyaji Ray was a renowned filmmaker, writer, illustrator, graphic designer, music composer.

• He started his career in advertising and found inspiration for his first film, Pather Panchali, while

illustrating the children’s version of the novel by Bibhutibhushan Bandopadhyay.

• The film catapulted him into international fame.

• Ray went on to make other great films such as Charulata, Agantuk and Nayak.

• He was also a prolific writer, making the famous sleuth Feluda and scientist Professor Shonku, a

popular part of Bengali Literature.

• The Government of India honoured him with the Bharat Ratna, the highest civilian award, in 1992.

Finance Ministry planned to provide additional amount of upto Rs 15,000 cr to States

• The Finance Ministry has decided to provide an additional amount of upto 15 thousand crore rupees

to States as interest free 50 year loan for spending on capital projects.

• The Department of Expenditure has issued fresh guidelines in this regard on the Scheme of Financial

Assistance to States for Capital Expenditure for the financial year 2021-22.

• Capital expenditure creates employment, especially for the poor and unskilled, has a high multiplier

effect, enhances the future productive capacity of the economy and results in a higher rate of economic

growth.

• The Finance Ministry said, despite the adverse financial position of the Centre, it was decided last year

to launch a Scheme for Special Assistance to States for Capital Expenditure. Page 3 of 18 Join Our Telegram Group to Get Instant Notifications, Study Materials, Quizzes & PDFs: https://t.me/exampunditofficial

For Quality Study Materials & Practice Quiz Visit: www.exampundit.in | For Free PDF Materials Visit: pdf.exampundi.in

Daily Current Affairs 1st May 2021

• Under the Scheme, financial assistance is provided to the State Governments in the form of 50-year

interest free loan.

CURRENT AFFAIRS: INTERNATIONAL NEWS

China unveiled core module of its space station

• China launched the core module of its space station, kicking off a series of key launch missions that

aim to complete the construction of the station by the end of next year.

• The Long March-5B Y2 rocket, carrying the Tianhe module, blasted off from the Wenchang

Spacecraft Launch Site on the coast of the southern island province of Hainan.

• The Tianhe module will act as the management and control hub of the space station Tiangong, meaning

Heavenly Palace, with a node that could dock with up to three spacecraft at a time for short stays, or

two for long, Bai Linhou, deputy chief designer of the space station at the China Academy of Space

Technology (CAST) said as reported by China’s state news agency.

CURRENT AFFAIRS: STATE NEWS

MP govt handover Rs 61 crore into accounts of over 6.10 lakh street vendors of state

• Madhya Pradesh government transferred Rs 61 crore into the accounts of more than 6 lakh 10

thousand street vendors of the state through Direct Benefit Transfer.

• Meanwhile, the state reported 12,400 new cases while 13,584 patients have recovered.

• The state's recovery rate has been 83 percent.

• Chief Minister Shivraj Singh Chauhan said that the government is fully committed to remove the

difficulties faced by the poor due to covid pandemic.

• Meanwhile, the rate of corona infection is continuously decreasing.

• The state stands at 14th place in the country in terms of corona infection.

• The number of active cases of corona in the state has come down to 90 thousand 796.

• The average positivity rate of the state has declined to 21.1%. Page 4 of 18 Join Our Telegram Group to Get Instant Notifications, Study Materials, Quizzes & PDFs: https://t.me/exampunditofficial

For Quality Study Materials & Practice Quiz Visit: www.exampundit.in | For Free PDF Materials Visit: pdf.exampundi.in

Daily Current Affairs 1st May 2021

• Chief Minister Mr Chouhan said that the state is now getting adequate amounts of oxygen.

• On 29 April, the state received 556.2 MT of oxygen, while the state consumed 467 MT of oxygen.

Madhya Pradesh govt initiates Corona Warriors Scheme

• In Madhya Pradesh, the state government has launched the Corona Warriors Scheme.

• The government will take the responsibility of family members of health workers who have passed

away while on Corona duty.

• Their families will be given honorarium of Rs 50 lakhs by the government.

• Meanwhile Chief Minister Shivraj Singh Chouhan has said that the Corona vaccination campaign of

people above 18 years of age cannot be started from May 1st due to non-receipt of vaccines from the

manufacturing companies.

• The vaccines are likely to be received in the state on May 3rd.

• The Covid vaccine will be administered free of cost to those above 18 years of age.

• Chief Minister Mr Chouhan while reviewing COVID condition directed that new vaccination centers

should be established in view of Corona infection, vaccination work should not be done in hospitals.

• So far 80 lakh 66 thousand 980 doses of Corona vaccines have been administered in the state, out of

which 70 lakh 19 thousand 763 first and 10 lakh 47 thousand 217 second doses have been

administered.

CURRENT AFFAIRS: BUSINESS NEWS

Agriculture Minister reported Target of food grains production for 2021-22 is 307 million tonnes

• Agriculture Minister Narendra Singh Tomar has said that the target of foodgrains production for

2021-22 is 307 million tonnes.

• Mr Tomar said while addressing the National Conference on Agriculture for Kharif Campaign-2021.

• He said, higher production targets for pulses and oilseeds are important to reduce our dependence on

import and to achieve the dream of Aatmanirbhar Bharat. Page 5 of 18 Join Our Telegram Group to Get Instant Notifications, Study Materials, Quizzes & PDFs: https://t.me/exampunditofficial

For Quality Study Materials & Practice Quiz Visit: www.exampundit.in | For Free PDF Materials Visit: pdf.exampundi.in

Daily Current Affairs 1st May 2021

• During the conference, the discussion was held to review and assess the preparedness for management

of Kharif crops and ensuring availability of seeds, pesticides, fertilizers, machinery and their

prepositioning at Block levels.

• Mr Tomar said, agriculture sector has shown its resilience amid the adversities of COVID-19 pandemic.

• He said, Agriculture and allied sectors have registered a continuous growth in GDP contribution.

• As per Economic Survey 2020-21, the share of agriculture in GDP increased from 17.8 per cent in

2019-20 to 19.9 per cent in 2020-21.

Tata group gets CCI approval for BigBasket deal

• The Tata group’s foray into the India’s growing e-grocery market has been sealed with the

Competition Commission of India giving its nod to its $1 billion acquisition of BigBasket.

• In a statement, the CCI said that it has given its approval for Tata Digital, a subsidiary of Tata Sons,

acquiring 63.4 per cent acquisition of Supermarket Grocery Supplies Ltd, a B2B entity that owns

online retail firm BigBasket.

• The deal, sources say, values BigBasket at over $1.8 billion and is likely to provide an exit to both

majority and minority stakeholders in the internet company, such as Chinese internet giant Alibaba.

• Tata Digital is also in the process of taking on the likes of Vijay Shekhar Sharma’s Paytm in developing

India’s first ‘super-app’ and is already in talks to acquire e-pharma start-up 1mg.

Uber declared cash incentives for vaccinating 150,000 drivers

• Uber unveiled a Rs 18.5 crore (USD 2.5 million) initiative to get 150,000 drivers on its platform

vaccinated over the next six months.

• The company said in a statement, car, auto and Moto drivers on its platform showing valid digital

vaccination certificates would be eligible for Rs 400 for each of their two Covid vaccine shots.

Page 6 of 18 Join Our Telegram Group to Get Instant Notifications, Study Materials, Quizzes & PDFs: https://t.me/exampunditofficial

For Quality Study Materials & Practice Quiz Visit: www.exampundit.in | For Free PDF Materials Visit: pdf.exampundi.in

Daily Current Affairs 1st May 2021

• Head of Supply & Driver Operations, Uber India South Asia, Pavan Vaish, said, "We will soon begin

communicating this initiative to drivers across all our product lines, and encourage them to take up the

offer."

CURRENT AFFAIRS: APPOINTMENT AND RESIGNATION NEWS

Kotak Mahindra Group declared new chiefs for insurance business

• Kotak Mahindra Group announced two key appointments for their insurance businesses.

• Mahesh Balasubramanian will be the Managing Director of Kotak Mahindra Life Insurance and

Suresh Agarwal will be the Managing Director and CEO of Kotak General Insurance.

• These appointments will be effective May 1, 2021.

• These moves come as G Murlidhar completes a 10-year term as the Managing Director of Kotak Life

and superannuates on 30th April 2021.

• He is one of the founding members of Kotak Life, and has played a pivotal role in not only growing the

company to be profitable but also establishing it as a very high quality standard company, making Kotak

Life amongst the leading Life Insurance companies in India.

Samir Seksaria appointed as CFO of TCS

• Tata Consultancy Services (TCS) veteran Samir Seksaria took over as Chief Financial Officer of the

country's largest IT services firm.

• He replaces V Ramakrishnan who retired a day earlier.

• Seksaria started his career in 1999 and spent his early years in consulting assignments involving

regulatory compliance and M&A spin-offs, amongst others.

• He moved to Corporate Finance in 2004 and played a critical role in the company’s IPO.

• Prior to being appointed as CFO, he was heading the financial analytics, planning and business finance

functions.

Page 7 of 18 Join Our Telegram Group to Get Instant Notifications, Study Materials, Quizzes & PDFs: https://t.me/exampunditofficial

For Quality Study Materials & Practice Quiz Visit: www.exampundit.in | For Free PDF Materials Visit: pdf.exampundi.in

Daily Current Affairs 1st May 2021

Industries appoints Subir Chakraborty as new MD, CEO

• Subir Chakraborty has taken over as MD and CEO of the storage battery major Exide Industries.

• He has replaced Gautam Chatterjee, who has now been appointed as 'whole-time advisor' to the

board of the company from May 1, 2021, for a period of three years.

• Chatterjee, a veteran in the company for the last 39 years, was reappointed as MD & CEO for two

years from May 1, 2019 till April 30, 2021.

• He will also cease to be a member of the board of directors of the company with effect from May 1.

• Based on the recommendation of the nomination and remuneration committee (NRC) and subject to

approval of the shareholders, the board of directors approved the appointment of Chakraborty as MD

and CEO, Exide said in a stock exchange filing.

CURRENT AFFAIRS : DEFENCE NEWS

US Army-led NATO military exercises DEFENDER-Europe 21 launched in Albania

• On April 26, 2021, The US-Army led multinational, joint exercise ‘DEFENDER-Europe 21’ was kicked

off in Albania.

• It will be conducted in more than 30 training areas in 12 countries during April, May and June,

including Western Balkan countries.

• This was the annual US-led military exercises.

• It will consist of 28,000 forces from 26 nations, including the United States, NATO countries and their

allies.

• It is designed to build readiness and interoperability between US and NATO and partner militaries.

About DEFENDER - Europe :

• DEFENDER-Europe is an annual large-scale U.S. Army-led, multinational exercise, defensive in nature

and focused on deterring aggression, which this year focuses on building operational readiness and

Page 8 of 18 Join Our Telegram Group to Get Instant Notifications, Study Materials, Quizzes & PDFs: https://t.me/exampunditofficial

For Quality Study Materials & Practice Quiz Visit: www.exampundit.in | For Free PDF Materials Visit: pdf.exampundi.in

Daily Current Affairs 1st May 2021

interoperability with NATO and a greater number of allies and partners over a wider area of operations

than ever before.

Indian Navy unveiled Op Samudra Setu-II for Shipment of Oxygen-filled Containers to India

• Indian Navy has launched Operation Samudra Setu-II to augment the ongoing national mission for

meeting the Oxygen requirements.

• Mission deployed Indian Naval warships will undertake shipment of liquid Oxygen filled cryogenic

containers and associated medical equipment in support of the nation's fight against COVID-19.

• Two ships INS Kolkata and INS Talwar have entered port of Manama, Bahrain for embarking and

transporting 40MT of liquid oxygen to Mumbai.

• INS Jalashwa is enroute to Bangkok and INS Airavat to Singapore for similar missions.

• Last year Indian Navy had launched Operation Samudra Setu as part of the Vande Bharat Mission and

repatriated approx 4000 (3992) stranded and distressed Indian citizens from Maldives, Sri Lanka and

Iran.

CURRENT AFFAIRS : SUMMITS & CONFERENCES

Union Minister Ravi Shankar Prasad represents India at G-7 Digital and Technology Ministerial Meeting

• Union Minister Ravi Shankar Prasad represented India at the G-7 Digital and Technology Ministerial

Meeting.

• India's efforts to bring digital inclusion and empower ordinary citizens through the use of

technology under the Digital India programme.

• The Minister also shared India's views on ensuring trust in the digital ecosystem, securing data privacy

of users and creating a safe cyberspace with the G-7 Digital Ministers. Page 9 of 18 Join Our Telegram Group to Get Instant Notifications, Study Materials, Quizzes & PDFs: https://t.me/exampunditofficial

For Quality Study Materials & Practice Quiz Visit: www.exampundit.in | For Free PDF Materials Visit: pdf.exampundi.in

Daily Current Affairs 1st May 2021

CURRENT AFFAIRS : SCIENCE & TECHNOLOGY

Finance Minister Nirmala Sitharaman inaugurates India’s first 3D printed house at IIT-M

• On April 27, 2021, Union Finance Minister Nirmala Sitharaman inaugurated the country’s first 3D

printed house at IIT, Madras.

• The single-storey home has a built-in area of 600 sq. ft. and a functional space comprising a single

bedroom, hall, and kitchen.

• It has been built in just five days.

• The entire ensemble is designed, developed, and realised by Tvasta's indigenous 'Concrete 3D

Printing' Technology, which was developed by the faculty members and alumni of the IIT-Madras back

in 2018.

• It was developed in association with Habitat for Humanity’s Terwilliger Centre for Innovation in

Shelter.

• The 3D Printed House would help to meet the deadline of Prime Minister Narendra Modi’s vision of

‘housing for all’ scheme by 2022.

About TVASTA Manufacturing Solutions :

• Co-Founder : Adithya V S

About IIT- Madras :

• Director : Prof. Bhaskar Ramamurthi

• Chairman : Pawan Kumar Goenka

Indian Scientists develop high-yielding and pest-resistant variety of soybean

• Indian Scientists have developed a high-yielding and pest-resistant variety of soybean MACS 1407.

• It is suitable for cultivation in the states of Assam, West Bengal, Jharkhand, Chhattisgarh and North-

Eastern states.

Page 10 of 18 Join Our Telegram Group to Get Instant Notifications, Study Materials, Quizzes & PDFs: https://t.me/exampunditofficial

For Quality Study Materials & Practice Quiz Visit: www.exampundit.in | For Free PDF Materials Visit: pdf.exampundi.in

Daily Current Affairs 1st May 2021

• Scientists from MACS- Agharkar Research Institute, Pune, in collaboration with Indian Council of

Agricultural Research, New Delhi have developed this higher yielding varieties and improved practices

for the cultivation of soybean.

• The new variety MACS 1407 gives 39 quintals per hectare and it is also resistant to major insect pests

like girdle beetle, leaf miner, white fly and defoliators.

• It is suitable for rain-fed conditions of north- east India.

About ICAR :

• Establishment : 16 July 1929

• Director : Trilochan Mohapatra

• Headquarters : New Delhi

• The Indian Council of Agricultural Research (ICAR) is an autonomous body responsible for

coordinating agricultural education and research in India.

• It reports to the Department of Agricultural Research and Education, Ministry of Agriculture.

• The Union Minister of Agriculture serves as its president.

• It is the largest network of agricultural research and education institutes in the world

CURRENT AFFAIRS : RANKING & INDEX

Brand Finance Report : LIC 10th most-valuable insurance brand, third-strongest globally

• State-owned insurance giant Life Insurance Corporation has emerged as the strongest and the tenth

most valuable insurance brand globally in Brand Finance Insurance 100 report for 2021.

• The annual report is released by London-based brand valuation consultancy firm Brand Finance.

Purpose :

• To identify the most valuable and strongest insurance brands globally.

• However, LIC’s brand value increased by almost 7 per cent to $8.65 billion.

Page 11 of 18 Join Our Telegram Group to Get Instant Notifications, Study Materials, Quizzes & PDFs: https://t.me/exampunditofficial

For Quality Study Materials & Practice Quiz Visit: www.exampundit.in | For Free PDF Materials Visit: pdf.exampundi.in

Daily Current Affairs 1st May 2021

• There are five Chinese insurance companies in the top 10 most valuable insurance brands globally, with

Ping An Insurance emerging the world’s most valuable insurance brand, despite recording a 26 per cent

drop in brand value.

• In the strongest insurance brands category, Italy’s Poste Italiane was at top position, followed by

Mapfre of the US and LIC of India.

• However, the total brand value of the world’s top 100 most valuable insurance brands declined by 6

percent from $462.4 billion in 2020 to $433.0 billion in 2021.

Based On the Report :

• Most Valuable Indian Insurance Brand – LIC (10th)

• Most Strongest Indian Insurance Brand – LIC (3rd)

• Most Valuable Global Insurance Brand – Ping An Insurance, China

• Most Strongest Global Insurance Brand – Poste Italiane, Italy

About LIC :

• Chairperson: M R Kumar

• Headquarters: Mumbai

• Founded: 1 September 1956

• Comes Under Ministry of Finance

CURRENT AFFAIRS : OBITUARIES

Renowned TV journalist and anchor Rohit Sardana Passes away

• On April 30, 2021, Well-known TV journalist and anchor Rohit Sardana Passed away.

• He was 40.

• Rohit Sardana had long been associated with Zee Media.

Page 12 of 18 Join Our Telegram Group to Get Instant Notifications, Study Materials, Quizzes & PDFs: https://t.me/exampunditofficial

For Quality Study Materials & Practice Quiz Visit: www.exampundit.in | For Free PDF Materials Visit: pdf.exampundi.in

Daily Current Affairs 1st May 2021

• He used to host the popular show - 'Taal Thok Ke', a debate programme that discusses contemporary

issues in India on Zee News.

• Presently Rohit Sardana, who has been the face of TV media for a long time, used to anchor the show

'Dangal', which aired on 'Aaj Tak' news channel.

• Sardana was hugely popular with the masses for his good debating skills.

Achievements :

• In 2018, Rohit Sardana was awarded the Ganesh Shankar Vidyarthi Award.

Former Attorney General Soli Sorabjee passes away

• On April 30, 2021, Former Attorney General of India and renowned jurist Soli Sorabjee Passed away.

• He was 91.

• He was designated senior counsel of the Supreme Court in 1971.

• He served as the Solicitor General of India from 1977 to 1980.

• He became the Attorney General of India for the first time from 1989 to 1990 and then from 1998 to

2004.

• He was appointed by the United Nations as a Special Rapporteur for Nigeria in 1997 to report on the

human rights situation in that country.

• Also, he became a member and later chairman of the UN Sub Commission on the Promotion and

Protection of Human Rights from 1998 to 2004.

Achievements :

• He was honored with India’s second-highest civilian award, Padma Vibhushan, in March 2002 for

his defence of freedom of speech and the protection of human rights.

Page 13 of 18 Join Our Telegram Group to Get Instant Notifications, Study Materials, Quizzes & PDFs: https://t.me/exampunditofficial

For Quality Study Materials & Practice Quiz Visit: www.exampundit.in | For Free PDF Materials Visit: pdf.exampundi.in

Daily Current Affairs 1st May 2021

Daily CA On April 30 :

• Honesty Day is celebrated on April 30 in the United States to encourage honesty and straightforward

communication in politics, relationships, consumer relations and historical education.

• International Jazz Day is an International Day declared by the United Nations Educational, Scientific

and Cultural Organization in 2011 "to highlight jazz and its diplomatic role of uniting people in all

corners of the globe."

• Bharat Biotech reduced the cost of COVAXIN vaccine for State governments. It will now cost 400

rupees per dose for State Governments instead of the earlier announced price of 600 rupees per

dose.

• The National Commission for Women has launched a WhatsApp helpline number for providing

emergency medical assistance to pregnant women.

• Union Minister Ravi Shankar Prasad represented India at the G-7 Digital and Technology Ministerial

Meeting.

• Union Transport Minister Nitin Gadkari inaugurated a mobile Covid RT-PCR test laboratory in

Nagpur.

• Maharashtra government has asked everyone to celebration Maharashtra Day in a simple manner on

May 1.

• Government has said that the procurement of Wheat in Rabi Marketing Season 2021-22 is going on

smoothly in States and Union Territories.

• Insurance regulator IRDAI has directed insurers to approve Covid-related cashless claims within 60

minutes of receiving appropriate documents from the claimant.

Page 14 of 18 Join Our Telegram Group to Get Instant Notifications, Study Materials, Quizzes & PDFs: https://t.me/exampunditofficial

For Quality Study Materials & Practice Quiz Visit: www.exampundit.in | For Free PDF Materials Visit: pdf.exampundi.in

Daily Current Affairs 1st May 2021

• The country's top two-wheeler maker Hero MotoCorp said it has launched a virtual showroom feature

to help customers buy its motorcycles and scooters through a seamless digital experience amid rising

in COVID-19 cases in the country.

• Vedanta said its Chairman Anil Agarwal has pledged Rs 150 crore to help India in its fight against

deadly COVID-19 second wave.

• India’s second largest private sector lender, ICICI Bank, announced the launch of a comprehensive

digital banking service that aims to empower over two crore offline and online retailers in the country.

• A special resolution to appoint Samit Ghosh as chief executive officer of Ujjivan Financial Services

Ltd. was defeated as it didn’t get the requisite share of votes.

• Vikram Solar said it has appointed Milind Kulkarni as its Chief Technical officer (CTO).

• Rahul Bajaj, one of the most successful business leaders in the country, has finally decided to hang his

boots at Bajaj Auto, the company he nurtured and steered to one of the leading firms in two and

three-wheeler space.

• Airtel Africa named Olusegun (Segun) Ogunsanya, MD and CEO of Nigeria as the successor of

Raghunath Mandava, as the new Managing Director and Chief Executive Officer for Africa business,,

following Mandava’s announcement to retire.

• Private sector lender Axis Bank said its board has approved the re-appointment of Amitabh

Chaudhry as its Managing Director and CEO for three years with effect from January 1, 2022.

• On April 28, 2021, National Telecommunications Institute for Policy Research, Innovation and

Training (NTIPRIT), the apex training institute of Department of Telecommunications, Government

of India conducted a webinar.

• On April 27, 2021, China launched NEO-01 into low earth orbit. The NEO-01, which looks into deep

space and observes small celestial bodies, was launched by the government’s Long March 6 rocket

with a small number of satellites. Page 15 of 18 Join Our Telegram Group to Get Instant Notifications, Study Materials, Quizzes & PDFs: https://t.me/exampunditofficial

For Quality Study Materials & Practice Quiz Visit: www.exampundit.in | For Free PDF Materials Visit: pdf.exampundi.in

Daily Current Affairs 1st May 2021

• Microsoft and the United Kingdom’s Meteorological Office have decided to team up to build the

most powerful supercomputer in the world to forecast weather and climate change.

• On April 25, 2021, Indian Archery newly-wedded couple Atanu Das and Deepika Kumari won

individual gold medals at the ongoing Archery World Cup Stage 1 in Guatemala.

• On April 28, 2021, The American astronaut, Michael Collins, Passed away.

Daily CA On May 01 :

• Labour Day is an annual holiday to celebrate the achievements of workers. Labour Day has its origins

in the labour union movement, specifically the eight-hour day movement, which advocated eight hours

for work, eight hours for recreation, and eight hours for rest.